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The flagship ARK Innovation ETF has received accolades for its performance in 2017, 2020 and 2023, but is also considered by Morningstar to be the third highest "wealth destroyer" investment fund from 2014–2023, losing US$7.1 billion of shareholder value in ten years. [44] The ARK Innovation ETF was down 24% for the year 2021. [45]
On the off-chance you're reading this and aren't familiar with them, Ark Invest manages a family of exchange-traded funds intended to "focus solely on investing in disruptive innovation." Each ...
The last few years have been tough on the speculative growth trade that Cathie Wood's Ark funds have focused on. Ark Invest's flagship fund realized $3.5 billion in losses in a year. Here were its ...
Ark Invest’s flagship fund, the Ark Innovation ETF, debuted in 2014. ... Since inception, the fund’s annualized performance is much less impressive than its 2020 highs, averaging a 10.1 ...
Her flagship ARK Innovation exchange-traded fund (ETF) has received accolades for its performance in 2017, 2020 and 2023, but is also considered by Morningstar to be the third highest "wealth destroyer" investment fund from 2014–2023, losing US$7.1 billion of shareholder value in ten years.
Cathie Wood failed to repeat her stellar 2020 performance with ARK Invest funds in the first quarter, but the celebrity fund manager still managed to attract a steady pile of cash into her red-hot ...
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